METOP
ActiveSummary
The computed 12-month bankruptcy probability of METOP is 2.1% (moderate). The 2025 annual accounts show negative equity (-€15,420) and a net result of €25,772. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 18537 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+35
Solvency10▲+10
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.42 against 0.94 in 2024; short-term debt: 63.9% and cash: 21.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15.5%
Return on assets
25.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 18537 sector peers (2025).
NBB · sector comparisonPosition among 18537 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
30 d late
2021
29 d late
2020
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€15,420▲ 62.6%
2024 · -€41,192
Total assets
€99,521▼ 3.2%
2024 · €102,860
Net result
€25,772
2024 · -€3,016
Working capital
€26,685
2024 · -€5,121
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€27,295▲ 222%-€21,451-€63,051▼ 194%-€1,722▲ 97.3%€28,714
Net result€24,168above the sector's middle half▲ 313%-€23,667below the sector's middle half-€64,528below the sector's middle half▼ 173%-€3,016within the sector's middle half▲ 95.3%€25,772above the sector's middle half
Equity€50,019within the sector's middle half▲ 93.5%€26,352within the sector's middle half▼ 47.3%-€38,176below the sector's middle half-€41,192below the sector's middle half▼ 7.9%-€15,420below the sector's middle half▲ 62.6%
Total assets€303,197within the sector's middle half▲ 17.4%€186,560within the sector's middle half▼ 38.5%€165,579within the sector's middle half▼ 11.2%€102,860within the sector's middle half▼ 37.9%€99,521within the sector's middle half▼ 3.2%
Debt€253,178▲ 8.9%€160,208▼ 36.7%€203,755▲ 27.2%€144,052▼ 29.3%€114,941▼ 20.2%
Working capital€115,563▼ 10.0%€69,007▼ 40.3%-€6,803-€5,121▲ 24.7%€26,685
Solvency16.5%within the sector's middle half▲ 6.5pp14.1%within the sector's middle half▼ 2.4pp-23.1%below the sector's middle half▼ 37.2pp-40.0%below the sector's middle half▼ 17.0pp-15.5%below the sector's middle half▲ 24.6pp
Staff (FTE)1.72▲ 17.6%1.8▼ 10.0%1.8=1.8=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €28,714 after a loss of €1,722 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,521
Fixed assets
€9,193 ▼ 47.0%
Current assets
€90,328 ▲ 5.6%
Key figures and ratios
EBITDA
€42,142▲
2024 · €27,063
Cash flow
€39,200▲
2024 · €25,768
Current ratio
1.42▲
2024 · 0.94
Quick ratio
0.82▲
2024 · 0.57
Debt to equity
-7.45▼
2024 · -3.50
ROA
25.9%▲
2024 · -2.9%
Interest coverage
9.99▼
2024 · 10.55
Debt ≤ 1 year
€63,643▼
2024 · €90,621
Debt > 1 year
€51,298▼
2024 · €53,431
Income taxes
€204▲
2024 · €179
Staff costs
€61,987▼
2024 · €75,018
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,176 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,176 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €50,426 | €58,444 | €77,579 | €75,018 | €61,987 | ▼ 17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,923 | €28,379 | €29,430 | €28,784 | €13,428 | ▼ 53.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5,833 | €8,036 | €4,185 | €9,220 | €3,673 | ▼ 60.2% |
| Other operating charges640/8 | €1,569 | €1,405 | €1,279 | €1,776 | €1,930 | ▲ 8.7% |
| Gross operating margin9900 | €109,046 | €74,814 | €49,420 | €113,077 | €109,731 | ▼ 3.0% |
| Operating profit (loss)9901 | €27,295 | -€21,451 | -€63,051 | -€1,722 | €28,714 | ▲ 1,768% |
| Financial income75/76B | €131 | €860 | €1,210 | €1,450 | €1,481 | ▲ 2.2% |
| Recurring financial income75 | €131 | €610 | €1,210 | €1,450 | €1,481 | ▲ 2.2% |
| Non-recurring financial income76B | - | €250 | - | - | - | - |
| Financial charges65/66B | €3,109 | €2,867 | €2,485 | €2,566 | €4,219 | ▲ 64.5% |
| Recurring financial charges65 | €3,109 | €2,867 | €2,485 | €2,566 | €4,219 | ▲ 64.5% |
| Profit (loss) for the period before taxes9903 | €24,317 | -€23,458 | -€64,327 | -€2,838 | €25,976 | ▲ 1,015% |
| Income taxes67/77 | €149 | €209 | €201 | €179 | €204 | ▲ 14.3% |
| Profit (loss) for the period9904 | €24,168 | -€23,667 | -€64,528 | -€3,016 | €25,772 | ▲ 954% |
| Profit (loss) for the period to be appropriated9905 | €24,168 | -€23,667 | -€64,528 | -€3,016 | €25,772 | ▲ 954% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €303,197 | €186,560 | €165,579 | €102,860 | €99,521 | ▼ 3.2% |
| Fixed assets21/28 | €92,402 | €67,435 | €46,145 | €17,361 | €9,193 | ▼ 47.0% |
| Tangible fixed assets22/27 | €92,402 | €67,435 | €46,145 | €17,361 | €9,193 | ▼ 47.0% |
| Plant, machinery and equipment23 | €65,943 | €47,084 | €35,308 | €14,821 | €4,108 | ▼ 72.3% |
| Furniture and vehicles24 | €14,798 | €12,080 | €5,958 | €1,051 | €5,027 | ▲ 378% |
| Other tangible fixed assets26 | €11,661 | €8,270 | €4,880 | €1,489 | €59 | ▼ 96.1% |
| Current assets29/58 | €210,795 | €119,125 | €119,434 | €85,499 | €90,328 | ▲ 5.6% |
| Stocks and contracts in progress3 | €38,430 | €39,470 | €43,768 | €33,686 | €38,245 | ▲ 13.5% |
| Stocks30/36 | €38,430 | €39,470 | €43,768 | €33,686 | €38,245 | ▲ 13.5% |
| Amounts receivable within one year40/41 | €50,077 | €7,254 | €24,100 | €1,254 | €30,151 | ▲ 2,305% |
| Trade receivables40 | €50,077 | €7,254 | €21,386 | €1,254 | €15,113 | ▲ 1,105% |
| Other amounts receivable41 | - | - | €2,714 | - | €15,038 | - |
| Cash at bank and in hand54/58 | €118,585 | €72,059 | €51,352 | €50,085 | €21,302 | ▼ 57.5% |
| Deferred charges and accrued income490/1 | €3,702 | €342 | €213 | €475 | €629 | ▲ 32.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €303,197 | €186,560 | €165,579 | €102,860 | €99,521 | ▼ 3.2% |
| Equity10/15 | €50,019 | €26,352 | -€38,176 | -€41,192 | -€15,420 | ▲ 62.6% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €30,019 | €6,352 | -€58,176 | -€61,192 | -€35,420 | ▲ 42.1% |
| Amounts payable17/49 | €253,178 | €160,208 | €203,755 | €144,052 | €114,941 | ▼ 20.2% |
| Amounts payable after more than one year17 | €118,865 | €95,691 | €77,518 | €53,431 | €51,298 | ▼ 4.0% |
| Financial debts170/4 | €118,865 | €95,691 | €77,518 | €53,431 | €51,298 | ▼ 4.0% |
| Amounts payable within one year42/48 | €95,232 | €50,118 | €126,237 | €90,621 | €63,643 | ▼ 29.8% |
| Current portion of amounts payable after more than one year42 | €22,729 | €23,173 | €25,544 | €24,086 | €2,133 | ▼ 91.1% |
| Trade debts44 | €51,789 | €16,495 | €77,179 | €43,393 | €43,643 | ▲ 0.6% |
| Suppliers440/4 | €51,789 | €16,495 | €77,179 | €43,393 | €43,643 | ▲ 0.6% |
| Taxes, remuneration and social security45 | €18,981 | €8,103 | €21,121 | €20,687 | €15,189 | ▼ 26.6% |
| Taxes450/3 | €12,450 | €672 | €9,227 | €11,054 | €6,734 | ▼ 39.1% |
| Remuneration and social security454/9 | €6,531 | €7,431 | €11,894 | €9,632 | €8,455 | ▼ 12.2% |
| Other amounts payable47/48 | €1,733 | €2,347 | €2,393 | €2,455 | €2,677 | ▲ 9.1% |
| Accrued charges and deferred income492/3 | €39,082 | €14,399 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,168 | -€23,667 | -€64,528 | -€3,016 | €25,772 | ▲ 954% |
| + Depreciation and write-downs630 | €23,923 | €28,379 | €29,430 | €28,784 | €13,428 | ▼ 53.4% |
| Operating cash flow (approximation) | €48,091 | €4,712 | -€35,098 | €25,768 | €39,200 | ▲ 52.1% |
| Investment in fixed assets (approximation) | - | -€3,412 | -€8,140 | €0 | -€5,260 | - |
| Change in cash | - | -€46,527 | -€20,706 | -€1,268 | -€28,783 | ▼ 2,170% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €25,772
Net result €25,772 after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€64,528
Net result drops to -€64,528, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Mettet · 1 establishment unit since 2019
Ground area
461 m²
Building footprint
66 m²
Parcel 92087G0200/00X005, Wallonia. Linked by address, not a title deed.
1 establishment unit
METOP
since 20192.296.913.379
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92087G0200/00X005 | Wallonia | 461 m² | 1 · 66 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MOTIOBEL
BE 0671.509.224
Attert · Eq €26,403
Ard’Vision
BE 1020.878.577
Saint-Hubert · Eq €26,300
OPTIQUE WIAME
BE 0668.592.888
Perwez · Eq €26,122
EXCLUSIVE SPECTACLES AGENCY
BE 0747.886.925
Ukkel · Eq €26,120
WALDECK
BE 0806.172.245
Essen · Eq €26,082
Of 1,733 companies in sector 47742 we hold annual accounts for 1,139. 784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739796432
Registered
14-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.